After months of adding blue-chip stocks including IBM and LG, banks like Shinhan Bank and Standard Bank, Hedera Hashgraph is adding a crypto-native firm to the ranks of its governing council.
Chainlink Labs will become the 21st member on the council, becoming another node runner governing Hedera’s distributed ledger. Hedera Hashgraph is a blockchain-like public ledger. In the future, Hedera plans to have a total of 39 council members.
“As enterprise adoption of distributed ledger technology continues to advance, decentralized oracle solutions become critical for every vertical – from DeFi and insurance, to gaming and NFTs, and more,” said David Post, Managing Director of Business Development and Strategy for Chainlink Labs.
Chainlink will be integrated into the Hedera Token Service and will be Hedera’s preferred oracle service.
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